Options Trader

biggles

Active Member
#6
Hi,

i have sep4700 call in icicidirect, what will happen tomorrow? am i required to close the position and buy again or will it roll over automatically?

yur advice will be appreciated.
thanks
 

AW10

Well-Known Member
#9
Hi,

i have sep4700 call in icicidirect, what will happen tomorrow? am i required to close the position and buy again or will it roll over automatically?

yur advice will be appreciated.
thanks
Because it is SEPT contract, u don't have to worry about today's expiry. It will not impact your contract.

Only Aug contract will be settled i.e. excercised automatically by Exchange and from tomorrow there won't be any trading on Aug contract.

Happy Trading
 
#10
If I have Aug Options and I didnt close it what would happen ?

Suppose -> I bought 5000 CE @ 15 Ruppes Premium. It went to .50 paise on closing day.

I am thinking that if I dont sell it alleast I can save on brokerage fee.

Will brokerage will be laid ? or that contract would go invalid. ?

Can some one clarify ?

Thank You
 

Similar threads